2734 50th Avenue N - $365,000
Fantastic Investment Opportunity!! Fully Rented Duplex With Each Unit Offering 1br/1ba. Recent Upgrades Include New Porcelain Tile, Updated Kitchens With Granite Countertops And...
Welcome to your next income-producing investment opportunity! This property presents an exceptional chance to secure a steady return with an impressive 11% Cap Rate post-operating expenses. Comprising two units on a single lot, this investment gem offers versatility and stability. The primary unit boasts a spacious layout featuring 3 bedrooms and 1 bathrooms, while the secondary unit offers 1 bedroom and 1 bathroom. Currently operating under a group living model, the property is fully stabilized with a 100% occupancy rate. Each occupant enjoys the luxury of their own individual sleeping quarters equipped with a TV, promoting privacy and comfort. Common areas include well-appointed kitchen and laundry spaces, fostering a sense of community among tenants. TWO other buildings adjacent are also available for purchase-each also with a 11% cap rate. Recently renovated to the highest standards, this property exudes modern elegance and functionality. Highlights of the renovation include premium vinyl flooring, sleek stainless steel appliances, luxurious quartz countertops, glass shower enclosures, and the convenience of in-unit washer/dryer setups. Furthermore, the units come fully furnished, complete with TVs, ensuring an attractive offering for tenants seeking convenience and style. This investment opportunity is tailored for passive income seekers, with streamlined management processes in place for your peace of mind. An online booking platform facilitates tenant reservations, while an experienced management company handles all on-the-ground operations, from maintenance requests to tenant inquiries. With a robust Cap Rate of 11%, this investment is not only lucrative but also inclusive of all associated fees. From Padsplit marketing and portal expenses to on-the-ground management services, utilities (including WiFi), taxes, and insurance – everything is comprehensively covered. Don't miss out on this turnkey investment opportunity offering both exceptional returns and hassle-free management. Take advantage of the potential for long-term financial growth and schedule your viewing today!
Fantastic Investment Opportunity!! Fully Rented Duplex With Each Unit Offering 1br/1ba. Recent Upgrades Include New Porcelain Tile, Updated Kitchens With Granite Countertops And...
One Or More Photo(s) Has Been Virtually Staged. Just Reduced! Don't Miss This Amazing Opportunity To Own An Income Producing Triplex In Great Location! Well Maintained. Newer ...
Nice Duplex Close To Everything! Nice Size Kitchens. One Side Has Carport & Laundry Room. Large Back Yard. Investor's Delight! Don't Miss Out On This Opportunity, Call For Showi...
**cash Buyers Only**welcome To This Unique Property In The Heart Of St. Petersburg, Offering An Outstanding Investment Opportunity With 2 Independent Homes On One Lot! Currently...
Welcome To This Exceptional Multi-unit Property Located Just Minutes From Downtown Gulfport, Perfect For Investors Or Homeowners Seeking Additional Rental Income. Located On A S...
Under Contract-accepting Backup Offers. Welcome To Your Next Investment Opportunity! Add This Turnkey Multifamily Property To Your Passive Portfolio Or House-hack And Live On On...
HOMAN REALTY GROUP INC.
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on June 17th, 2024 at 4:05pm EDT.